Manchester life convention

[wellinghall]

Plenary sessions:
Principles Based Regulation and its Effect on Actuaries and our Customers
Commercial Skills
Retail Distribution Review
The Changing Role of the Life Actuary - From Function Holder to Strategic Risk and Capital Manager

Breakout sessions / workshops:
Excess Mortality from Influenza Pandemics
Working Party Session - Actuarial Processes and Controls - Best Practice
The Winds of Change (the Implications of Climate Change to Business Performance)
Yield Curves Revisited
The Longevity Revolution

Comments

[aster-dw.livejournal.com]

Principles Based Regulation and its Effect on Actuaries and our Customers

*dies* Poor you.

[wellinghall.livejournal.com]

It was pretty dull. Whether it would have been better or worse if the FSA speaker had turned up, I'm not sure ...

[romancinger.livejournal.com]

Excess Mortality from Influenza Pandemics

Ooh, ow!

Yield Curves Revisited

Sounds more fun ;-)

[wellinghall.livejournal.com]

Both were very interesting. I was convinced by the second (telling us that we should look at subtle changes in patterns of interest rates). The first told us that any flu pandemic was likely to be significantly better than 1918, although possibly worse than the outbreaks of the 50s and 60s.

[lisa-marli.livejournal.com]

My father-in-law would have loved it all. He was a vice president actuary at Metropolitan Life. Come to think of it, if he ever went to Britain, he would have been teaching. The man was a walking computer, absolute math genius. Playing chess, bridge, and any gambling scheme was deadly with him.
The ability skipped his son, but the Grandson - He thinks calculus is fun.

[wellinghall.livejournal.com]

I'm good at maths, but never really picked up bridge or chess.

[muuranker.livejournal.com]

"Excess Mortality from Influenza Pandemics"

And this was a life convention???

Mind you, having been through what others have called the most severe local government downsizing, in which redundancies were called "opportunities", I can believe that life is death, black is white, and someone please keep me away from the zebra crossings.

[wellinghall.livejournal.com]

Life insurance is, arguably, just what we call death insurance.

[muuranker.livejournal.com]

I just realised that English describes insurance in (at least) two ways.

Sometimes, we describe what is being insured:
Car insurance. Home and Contents insurance. Pet insurance. Life insurance.

Sometimes, we describe the event that is being insured against:
Fire insurance. Bad weather insurance. Death insurance.

[wellinghall.livejournal.com]

Indeed.

It is possible to buy "life insurance" in the second sense - it is called an annuity, or more colloquially a pension. It carries on paying out as long as you live, even if that is to 120.